With the stock market surging higher – and key technical indicators turning bullish – it’s hard not to believe that the bear market has been cancelled. Why would stocks be rallying so hard otherwise? This is a good time to…
Cybersecurity firm Palo Alto Networks (PANW) is a great stock. It’s one of the few I follow that really has not broken down – yet – during this nasty bear market. And Monday afternoon’s 2Q22 earnings report was a winner…
I can wait without having a twinge of impatience. I can see a setback without being shaken, knowing that it is only temporary. I have been short one hundred thousand shares and I have seen a big rally coming. I…
When I wrote “Fade The Rally” two weeks ago it was not a popular view. Technicians were wondering if a major bottom had been put in place. Two big down days in the NASDAQ later and they are starting to…
Perhaps the most important thing ever written on trading is Chapter 5 of Reminiscences of a Stock Operator – Jesse Livermore’s story. In that chapter, Jesse introduces us to Partridge. When told to sell his position in a winning stock…
I recently read the iconoclastic psychiatrist Mark Epstein’s book The Zen of Therapy and it had an enormous influence on me. Epstein’s professional project has been to synthesize Buddhism with Western Psychology and it is an extraordinary success in my…